217 10th Street Seal Beach, CA $ 3,250,000
217 10th Street
$ 3,250,000
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217 10th Street

Seal Beach, CA, 90740
$ 3,250,000
Bedrooms5 Baths4.0 Sq 3,399

Monthly Estimate*

$ 21,601

Listed by Morgan Skenderian
217 10th Street, Seal Beach, CA 90740 - Image 1
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Multi-Family Home for sale in Seal Beach, CA

for $3,250,000 with 5 bedrooms and 4 full baths. This 3,399 square foot home was built in 1958 on a lot size of 0.0674.

217 10th Street is an immaculate 4-unit multifamily property that offers renters the ultimate in upgrades and high end finishes. All interiors have received complete remodels and renovations including coastal style vinyl/plank flooring, all new stainless-steel appliances, and beautifully redone kitchens and bathrooms. Each unit is provided a brand-new split A/C unit and the property has a new roof, new windows, new tankless water heaters, new electrical systems, upgraded plumbing and brand new community laundry machines for the tenants to use. However, the true allure lies in its prime location, making it a standout residence. Just steps away from the sun-kissed sands of Seal Beach and a mere block from the iconic Seal Beach Pier and Main Street, residents enjoy proximity to a vibrant array of shops and eateries along this picturesque strip. This access to entertainment keeps these rentals constantly in demand and tenants always willing to pay maximum rent levels. The combination of location and quality is an attractive option for the investor looking for a low maintenance, hassle free, turnkey property that can immediately generate income and continue long term appreciation.

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Multi-Family Active

Price

$ 3,250,000

Bedrooms

5

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.0674

Year Built

1958

Town/City

Seal Beach

County/Region

Orange

MLS | Web ID

PW23222508

Days on Market

175

Features
General
Sewer PublicSewer
Garage Spaces 2.0
Pool Features None
Year Built 1958
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 0.0
Community Features Curbs Gutters Sidewalks
County Orange
Net Operating Income 93961.0
Operating Expense 46301.0
Insurance Expense 1676.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Old Town (OLDT)
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Major cross streets are Electric Ave and 10th Street
City Seal Beach
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 2.0
Total Units 4
MLS Area 1A - Seal Beach
Lot Size Square Feet 2936.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 10th
Listing Terms Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 744.5
Home Warranty Y/N N
Fuel Expense 744.5
Trash Expense 744.5
Water Sewer Expense 744.5
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 166
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 17
Total Actual Rent 12050.0
Property Sub Type Additional Quadruplex
Taxes 37947.0
Cap Rate 2.9
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Exterior
Parking Features Assigned
Lot Features RectangularLot
Water Source Public
Total Parking 4.0
Lot Size Area 2936.0
Number of Buildings 1
Spa N
Building Area Total 3399.0
Lot Size Acres 0.0674
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 217
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* Excluded Features
List By
Morgan Skenderian

Broker

(949) 251-8800

Phone

Affordability Calculator

$21,601
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,601
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$3,250,000 -7.01% Price Down
12/7/2023$3,495,000 Listed Price

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217 10th Street, Seal Beach, CA, 90740 is a Multi-Family Home for sale at $3,250,000 with 3,399 sqft and a lot size of 0.0674. 217 10th Street has 5 bedrooms, 4.0 baths, and was built in 1958. The property's zip code is 90740 which is in Seal Beach, CA